FS Capital Partners VI Amends Arhaus Stake

TL;DR

FS Capital Partners VI updated their Arhaus stake filing on 3/18/24. Watch for potential moves.

AI Summary

FS Capital Partners VI, LLC, along with its affiliates FS Affiliates VI, L.P. and FS Equity Partners VI, L.P., filed an amendment (Amendment No. 3) to their Schedule 13D on March 18, 2024, regarding their holdings in Arhaus, Inc. The filing indicates a change in their beneficial ownership of Arhaus, Inc. Class A Common Stock.

Why It Matters

This filing signals a potential shift in the ownership structure or strategy of Arhaus, Inc., which could impact its stock performance and corporate governance.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can precede significant corporate actions or shifts in investor sentiment.

Key Players & Entities

• FS Capital Partners VI, LLC (company) — Filer of the Schedule 13D/A
• FS Affiliates VI, L.P. (company) — Group member of the filer
• FS Equity Partners VI, L.P. (company) — Group member of the filer
• Arhaus, Inc. (company) — Subject company
• Chris Iorillo (person) — Associated with FS Capital Partners VI, LLC

FAQ

Key Financial Figures

• $0.001 — (Name of Issuer) Class A Common Stock, $0.001 par value per share (Title of Class of

Filing Documents

• sc13da.htm (SC 13D/A) — 50KB
• 0000929638-24-001044.txt ( ) — 51KB

of the Original Schedule 13D is hereby supplemented as follows

Item 4 of the Original Schedule 13D is hereby supplemented as follows: On March 14, 2024, FS Equity VI distributed 11,537,440 shares of Class A Common Stock and FS Affiliates VI distributed 490,103 shares of Class A Common Stock to their respective partners in pro rata in-kind distributions without consideration (collectively, the " Fund Distribution "). Also on March 14, 2024, FS Capital Partners VI, LLC (" FS Capital VI ") distributed all shares of Class A Common Stock received by FS Capital VI in the Fund Distribution to its members in a pro rata in-kind distribution without consideration. As a result of the foregoing distributions, as of March 14, 2024 none of the Reporting Persons was a 5% beneficial owner of the Class A Common Stock. Item 5. Interest in Securities of the Issuer Items 5(a), (c) and (e) of the Original Schedule 13D are hereby amended and restated in their entirety as follows: (a) Aggregate number and percentage of securities . FS Equity VI directly holds 239,813 shares of Class A Common Stock and FS Affiliates VI directly holds 10,187 shares of Class A Common Stock. The Reporting Persons may be deemed to have direct beneficial ownership of the Issuer's shares of Class A Common Stock as follows: Name of Reporting Person Number of Shares of Class A Common Stock Beneficially Owned FS Capital VI 250,000 FS Equity VI 239,813 FS Affiliates VI 10,187 FS Capital VI, by virtue of being the sole general partner of FS Equity VI and FS Affiliates VI, may be deemed to directly or indirectly beneficially own the shares of Class A Common Stock held by each of FS Equity VI and FS Affiliates VI and reported on the cover pages to this Schedule 13D for such Reporting Person. FS Equity VI disclaims beneficial ownership of the shares of Class A Common Stock held by FS Affiliates VI. FS Affiliates VI disclaims beneficial ownership of the shares of Class A Common Stock held by FS Equity VI. See also items 11 and 13 of the cover pages to this Sched

View Full Filing

View this SC 13D/A filing on SEC EDGAR